Gujarat tenders up to 1.2 GW of solar projects

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Gujarat Urja Vikas Nigam Ltd (GUVNL) seeks to procure up to 600 MW of solar power from the projects to be located in the Khavda Solar Park and an additional 600 MW under the Greenshoe option. The projects shall be awarded through competitive bidding followed by the e-reverse auction. GUVNL may enter into a 25-year power purchase agreement (PPA) with the successful bidders.

The successful bidders shall build solar power projects in Khavda Solar Park on a build-own-operate basis to supply the power.  In the park, six plots of 100 MW each have been earmarked for this tender.

“The plots shall have a fixed capacity of 100 MW and no partial installation of capacity in any plot shall be allowed. Irrespective of the number of plots and capacity quoted by bidder, the tariff to be quoted by bidders shall be single and uniform for all the plots and capacity. Each bidder must place a bid for minimum 100 MW capacity and in multiples of 100 MW only,” as per the tender document.

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